PetroVietnam Exploration Production Corporation (PVEP) and Vietnam Joint
Stock Commercial Bank for Industry and Trade (Vietinbank), Hanoi branch
has signed a 200 million USD loan for the oil field project, Lot
05-1(a).
The World Bank (WB) will assist Vietnam in technology, research and
analysis work to help the country build a master policy on developing,
exploiting and using natural gas as an optimal resource for sustainable
development.
The Talisman Vietnam Ltd Company will grant postgraduate scholarships
worth 160,000 USD to Vietnamese students in 2011, the Canadian Embassy
in Hanoi said on June 30.
The Oil and Gas Group of Vietnam
(PetroVietnam) plans to start exploiting oil and gas from two new sites
by the end of this year to produce enough output to ensure the national
energy security.
Vietnamese businesses’ overseas
investment activities have been actively implemented with satisfactory
results, helping boost the export and consumption of Vietnamese goods
in foreign countries, said an official from the Ministry of Planning
and Investment (MPI).
Phan Huu Thang, Director of
the MPI’s Foreign Investment Agency, said the recent rapid increase of
offshore investment activities is in line with the national economic development and the
country’s international economic integration.
Chevron Corporation, the second biggest US energy company, wants and
hopes to be a reliable partner of the Vietnamese Government and people,
affirmed General Director of Chevron Vietnam Hank Tomlinson.
